FX reserves at $299.395 bn as of Jan 21

Mumbai: India's foreign exchange reserves rose to USD 299.395 billion as on Jan 21 from USD 297.418 billion in the previous week, the Reserve Bank said in its weekly statistical supplement on Friday.

Changes in foreign currency assets, expressed in dollar terms, include the effect of appreciation or depreciation of other currencies held in its reserves like the euro, sterling and yen, the Reserve Bank said.

Foreign exchange reserves include India's Reserve Tranche position in the International Monetary Fund (IMF), the Reserve Bank said.

Bureau Report